Not exact matches
But, Cuomo has said he will
call for closure of a loophole in campaign finance laws that allows donors to skirt the $ 5,000 limit for businesses by disguising the donations through multiple limited
liability corporations.
Susan Lerner, with Common Cause, is pleased with Cuomo's
call, once again, to eliminate a loophole in the campaign finance law that allows donors to form numerous limited
liability corporations and exceed the $ 5000 a year limit for businesses.
More specifically, Schneiderman is
calling for higher contribution limits, the closing of a limited
liability corporation loophole which he says «allows wealthy interests to funnel limitless amounts to campaigns,» as well as for the elimination of the housekeeping committees used by the state's political parties.
The legislation seeks to establish a so -
called «digital currency limited
liability corporation» (LLC) in Vermont.
Then, in 1977, the Wyoming state legislature created a new business form
called the limited
liability company, which was like an S
corporation but with fewer rules.